1.You are managing a climbing gym that have to carry liability insurance. You have hired new...
1.You are managing a climbing gym that have to carry liability insurance. You have hired new route setters, so you are worried that the number of incidents (accidents) are increasing. Historically speaking the average number of incidents in the gym has been 3 per week. What is the probability that there will be more than 5 incidences on a given week if number of incidences can be modeled as a Poisson distribution? (2). if you have more than 5 incidences 4 or more weeks in a 10 week time frame your insurance liability insurance is going to go up. What is the probability that your liability insurance is going to go up? (use your answer from 1) to plug into the binomial distribution you will have use in this question) (3). You are inspecting 10 items for quality control during a manufacturing process. Historically the probability of observing an item to be defective is 0.04. If you have at least one defective item in 2 consecutive quality control procedures, you will stop the manufacturing process. What is the probability of stopping the manufacturing process?
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1.You are managing a climbing gym that have to carry liability
insurance. You have hired new...
PLZ PLZ help me with number 7,8,9 plz write the answer in text not in image since its hard to read from pic, thank you! 7. | Insurance: Auto State Farm Insurance studies show that in Colorado, 55% of...
PLZ PLZ help me with number 7,8,9 plz write the answer in text
not in image since its hard to read from pic, thank you!
7. | Insurance: Auto State Farm Insurance studies show that in Colorado, 55% of the auto insurance claims submitted for property damage are submitted by males under 25 years of age. Suppose 10 property damage claims involving automobiles are selected at random (a) Let r be the number of claims made by males under age...
Problem 2 A firm manufacturing memory chips found that if everything was going right, 10% of...
Problem 2 A firm manufacturing memory chips found that if everything was going right, 10% of them were defective. If the production process was in trouble then 40% were defective. Firm's quality control office tests four memory chips each hour. If two or more of four were defective, production would be shut down to look for trouble. (a) What is Type I and Type II errors here? (b) What is probability that production will be shut down if everything was...
Binomial Distributions Given your statistical knowledge, you have been asked to assist the quality control manager of a...
Binomial Distributions Given your statistical knowledge, you have been asked to assist the quality control manager of a local manufacturer in establishing and seeing that the factory conforms to standards set by management. The facility manufactures a new electronic toy. The factory can produce 1000 toys per day. Management has indicated that initially they will be satisfied if the defect rate is 3% or less. Since you can’t quality-test every toy produced, you suggest that a random sample of 40...
2. State yes/no in each part, and explain in a sentence or two (a) You have...
2. State yes/no in each part, and explain in a sentence or two (a) You have a box filled with 400 balls, which are colored black or white. You have 200 black and 200 white balls. You randomly select a ball and throw it out (don't put it back in the box). Then yoiu go to randomly select another ball. Is the probability that the second pick is white independent of what the first ball color was? (b) You have...
1. The access code for a car's security system consists of four digits. be zero and...
1. The access code for a car's security system consists of four digits. be zero and the last digit must be even. How many different codes are consists of four digits. The first digit cannot many different codes are available? 2. Decide whether each object is a permutation or a combination a) a telephone number b) a social security number c) a hand of cards in poker d) a committee of politicians e) the "combination" on a student gym locker...
0.54/0.76 points Previous Answers DevoreSla19 3E 015 My Notes Ask Your Te Many manufacturers have quality...
0.54/0.76 points Previous Answers DevoreSla19 3E 015 My Notes Ask Your Te Many manufacturers have quality control programs that include inspection of incoming materials for defects. Suppose a computer manufacturer receives circuit boards in batches of five. Two boards are selected from each batch for inspection. We can represent possible outcomes of the selection process by pairs, For example, the pairs (1, 2) and (2, 1) represent the selection of boards 1 and 2 for inspection. (a) List the ten...
CLO-3-5 Answer the following Questions 1) What do you mean by process is under Statistical Ouality...
CLO-3-5 Answer the following Questions 1) What do you mean by process is under Statistical Ouality Control OR What is difference between Variable data and Attribute data with one example 3 marks 12) Variations can take place in any manufacturing set up. List any four reasons for these variations 3 marks 13) Give the classification of Quality Control Charts 14) When all the points are with in the control limits. what are possible reasons for which it may prove the...
CAN YOU HELP WITH 7-9 PLEASE 1-6 HAVE BEEN ANSWERED Bluethorn Company uses normal costing in...
CAN YOU HELP WITH 7-9 PLEASE 1-6 HAVE BEEN ANSWERED
Bluethorn Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Bluethorn for 2017 are as follows: F: (Click the icon to view the T-accounts.) i (Click the icon to view the additional information.) Read the requirements. Requirement 1. What was the amount of direct materials issued to production during 2017? More Info Direct materials issued to production during 2017 was $ T-accounts a. Direct...
Mr. Big, the Pres asks you, "As a graduate of a TM (Transportation Management) class with an "A",...
Mr. Big, the Pres asks you, "As a graduate of a TM (Transportation Management) class with an "A", what do you think about setting the speed for our tractors?" Give a written answer. Speed dlerences mean more interacuions hat could cause accidents,researcher says By LYNDON FINNEY Citing primarily safety issues, the American Trucking Associations last month petitioned the National Highway Traffic Safety Admin- istration to limit the maximum speed of large trucks at the time of manufacture to no more...
You have recently been hired by Swan Motors, Inc. (SMI), in its relatively new treasury management...
You have recently been hired by Swan Motors, Inc. (SMI), in its relatively new treasury management department. SMI was founded 8 years ago by Joe Swan. Joe found a method to manufacture a cheaper battery with much greater energy density than was previously possible, giving a car powered by the battery a range of 700 miles before requiring a charge. The cars manufactured by SMI are midsized and carry a price that allows the company to compete with other mainstream...
PLZ PLZ help me with number 7,8,9 plz write the answer in text
not in image since its hard to read from pic, thank you!
7. | Insurance: Auto State Farm Insurance studies show that in Colorado, 55% of the auto insurance claims submitted for property damage are submitted by males under 25 years of age. Suppose 10 property damage claims involving automobiles are selected at random (a) Let r be the number of claims made by males under age...
Problem 2 A firm manufacturing memory chips found that if everything was going right, 10% of them were defective. If the production process was in trouble then 40% were defective. Firm's quality control office tests four memory chips each hour. If two or more of four were defective, production would be shut down to look for trouble. (a) What is Type I and Type II errors here? (b) What is probability that production will be shut down if everything was...
2. State yes/no in each part, and explain in a sentence or two (a) You have a box filled with 400 balls, which are colored black or white. You have 200 black and 200 white balls. You randomly select a ball and throw it out (don't put it back in the box). Then yoiu go to randomly select another ball. Is the probability that the second pick is white independent of what the first ball color was? (b) You have...
1. The access code for a car's security system consists of four digits. be zero and the last digit must be even. How many different codes are consists of four digits. The first digit cannot many different codes are available? 2. Decide whether each object is a permutation or a combination a) a telephone number b) a social security number c) a hand of cards in poker d) a committee of politicians e) the "combination" on a student gym locker...
0.54/0.76 points Previous Answers DevoreSla19 3E 015 My Notes Ask Your Te Many manufacturers have quality control programs that include inspection of incoming materials for defects. Suppose a computer manufacturer receives circuit boards in batches of five. Two boards are selected from each batch for inspection. We can represent possible outcomes of the selection process by pairs, For example, the pairs (1, 2) and (2, 1) represent the selection of boards 1 and 2 for inspection. (a) List the ten...
CLO-3-5 Answer the following Questions 1) What do you mean by process is under Statistical Ouality Control OR What is difference between Variable data and Attribute data with one example 3 marks 12) Variations can take place in any manufacturing set up. List any four reasons for these variations 3 marks 13) Give the classification of Quality Control Charts 14) When all the points are with in the control limits. what are possible reasons for which it may prove the...
CAN YOU HELP WITH 7-9 PLEASE 1-6 HAVE BEEN ANSWERED
Bluethorn Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Bluethorn for 2017 are as follows: F: (Click the icon to view the T-accounts.) i (Click the icon to view the additional information.) Read the requirements. Requirement 1. What was the amount of direct materials issued to production during 2017? More Info Direct materials issued to production during 2017 was $ T-accounts a. Direct...
Mr. Big, the Pres asks you, "As a graduate of a TM (Transportation Management) class with an "A", what do you think about setting the speed for our tractors?" Give a written answer. Speed dlerences mean more interacuions hat could cause accidents,researcher says By LYNDON FINNEY Citing primarily safety issues, the American Trucking Associations last month petitioned the National Highway Traffic Safety Admin- istration to limit the maximum speed of large trucks at the time of manufacture to no more...
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